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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: gregor_us who wrote (106817)	8/10/2008 5:48:41 PM
From: Tommaso	Read Replies (1) of 206326

There are all sorts of crazy things going on, but it's not much help for an investor if the craziness is going against him. A lot of people really do not care to be presented with facts. At this time there is a controversy between the Democratic and Republican candidates for governor in North Carolina, as to whether drilling for oil and natural gas offshore is a good idea. Not one single commercially productive hydrocarbon well has ever been drilled anywhere in North Carolina (except in landfills <g>). The geology of the continental shelf offshore is such that oil and gas could not be trapped, so any that has come out of the sediments has simply escaped into the ocean. Is there any place in the world where offshore drilling is NOT preceded by onshore discoveries? Anyway, the candidates are trying to score points in a debate over nonexistent oil and natural gas.

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